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7107 Ivy AVE Cleveland, OH 44127
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Key Details
Sold Price $20,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,280 sqft
Price per Sqft $15
Subdivision Morgan
MLS Listing ID 5247062
Sold Date 10/09/26
Style Colonial
Bedrooms 2
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 1,280
Year Built 1900
Annual Tax Amount $1,139
Tax Year 2025
Lot Size 3,676 Sqft
Acres 0.0844
Property Sub-Type Single Family Residence
Stories Two
Story Two
Property Description
This Cleveland colonial presents a strong BRRRR opportunity for investors looking for a full-rehab project with attractive rental potential. Featuring 2 bedrooms and 1 full bathroom, the home offers a traditional layout with a spacious living room, functional kitchen with adjoining dining space, and a full basement that provides additional storage and potential for future value-add improvements.
The property features aluminum siding and an asphalt driveway but will require a complete renovation. A significant opening in the roof is present over the rear kitchen bump-out and will need to be addressed as part of the rehabilitation. For the right investor, this creates an opportunity to renovate the property from the ground up, improve its overall condition and functionality, and reposition it as an income-producing rental.
Once renovated and rent-ready, the property has an estimated market rent of approximately $1,100 per month, offering solid potential for investors pursuing a buy, rehab, rent, refinance, and repeat strategy.
Conveniently located in Cleveland with easy access to I-77 and I-490, the property offers connectivity to employment centers and surrounding neighborhoods. It is also just minutes from Select Specialty Hospital – Cleveland Fairhill, with access to major roads, public transportation, shopping, schools, parks, restaurants, and other everyday amenities.
Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors!
Bring your renovation plan and take advantage of the opportunity to transform this property into a refreshed, cash-flowing addition to your investment portfolio!
No wholesalers. No Seller financing. No low ball offers.
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air
Cooling None
Fireplace No
Laundry In Basement
Exterior
Parking Features Driveway
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Story 2
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 125-35-075
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Financing Cash
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Bought with Mark Wilson Jr. • BHR & Associates
NEARBY SCHOOLS & BUSINESSES
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